12936 Adelle Street Active Save Request In-Person Tour Request Virtual Tour
Garden Grove,CA 92841
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC24175773
Bedrooms 5
Lot Size 10,019 Sqft
Property Description
Opportunity to Own a 3-Unit Property in High-Demand Garden Grove! This 3-unit property is situated on an oversized 10,000 sqft lot, offering plenty of space for potential expansion. According to city regulations, there is room to build an 800 sqft 2-bed/2-bath ADU as a 4th unit. The large lot provides ample parking options. Current rental rates are still well below market value, presenting an excellent investment opportunity. The front building consists of Unit 1 (1 bed/1 bath) and Unit 2 (2 bed/2 bath). The second building features a 2-bed/2-bath unit with an attached 1-car garage and its own private backyard, perfect for tenants to enjoy gardening. Additionally, a detached 2-car garage is designated for the front units, providing 1 parking spot per unit. There are also 5 additional parking spaces available for all tenants, plus plenty of street parking if needed.
Opportunity to Own a 3-Unit Property in High-Demand Garden Grove! This 3-unit property is situated on an oversized 10,000 sqft lot, offering plenty of space for potential expansion. According to city regulations, there is room to build an 800 sqft 2-bed/2-bath ADU as a 4th unit. The large lot provides ample parking options. Current rental rates are still well below market value, presenting an excellent investment opportunity. The front building consists of Unit 1 (1 bed/1 bath) and Unit 2 (2 bed/2 bath). The second building features a 2-bed/2-bath unit with an attached 1-car garage and its own private backyard, perfect for tenants to enjoy gardening. Additionally, a detached 2-car garage is designated for the front units, providing 1 parking spot per unit. There are also 5 additional parking spaces available for all tenants, plus plenty of street parking if needed.
Location
State CA
County Orange
Area Oc - Garden Grove (92841)
Zoning Assessor
Exterior
Garage Unit1:Assigned
Building
Story 1
Others
Monthly Total Fees $51
Acceptable Financing Land Contract
Space Rent $1,700
Listing Terms Land Contract